We are currently experiencing unforeseen constraints arising from the wider operating environment in the Red Sea region. After conversations with our security partners, it is clear that these constraints are making it challenging to avoid delays in regard to passage...

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A Sanctions Escalation That Stalled The European Union’s proposed maritime services ban on Russia was expected to mark a structural escalation in sanctions enforcement. Instead, EU ministers failed to reach an agreement, delaying the adoption of the bloc’s 20th...

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The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, halted a two-day losing streak on Friday, rising about 1.1% to the highest since January 30 at 2,140 points. The capesize index, which typically transports 150,000-ton...

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“The geopolitical tensions following Donald Trump’s arrival on the scene are transforming the world’s major shipping routes, posing a significant challenge for global trade, logistics, and transport.” This was stated by Vicente J. Pallardó López, director of the...

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Mitsui O.S.K. Lines, Ltd. yesterday announced that it has completed the world’s first successful LED lighting demonstration test utilizing “Seafloor Hydrothermal fluids” (Note 1), a renewable energy source derived from magma heat in the Central Okinawa Trough. The...

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Baleària closed the 2025 financial year with robust financial results that consolidate its business model and strengthen its position in European maritime transport. The company achieved a turnover of €801 million (+16%), EBITDA of €170 million (+29%) and a profit for...

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